ACRES
ACRES CAPITAL, LLC Legal Name
Adviser information for ACRES last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | New York, United States |
Employees
| Total Number of Employees | 37 |
|---|---|
| Investment Advisory/Research | 19 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 12 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 4 | $3.5B |
| Non-Discretionary | 8 | $151.2M |
| Total | 12 | $3.6B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 4 | $3.5B |
| Pension and profit sharing plans | <5 | $28.3M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | <5 | $31.7M |
| Insurance companies | <5 | $64.9M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $26.2M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 2 |
| No. of Non-U.S. Clients | 42 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsACRES PRESENTS INVESTMENT OPPORTUNITIES TO ITS CLIENTS AND PROVIDES INVESTMENT ADVICE REGARDING SUCH INVESTMENT'S STRUCTURING |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-106763 |
|---|---|
| SEC ERA File Number | 801-106763 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 281190 |
| Legal Entity Identifier | None |
Principal Office
390 RXR PLAZAUNIONDALE
NY
United States
Monday - Friday, 9AM-6PM
Tel: 516-535-0015, Fax: 516-500-9149
Websites
Chief Compliance Officer
JACLYN JESBERGER
GENERAL COUNSEL, CHIEF COMPLIANCE OFICER
390 RXR PLAZA
UNIONDALE
NY
United States
Tel:
516-882-1662
J*********@***********M
(Full email address available in API data)
Regulatory Contact
ERIC HWANG
DIRECTOR, COMPLIANCE COUNSEL
505 TILLERY ST
#12
AUSTIN
TX
United States
Tel:
972-345-4905
E*****@***********M
(Full email address available in API data)
Industry Affiliates
| ACRES CAPITAL CORP. | Sponsor or syndicator of limited partnershipsSponsor, GP, manager of pooled investment vehicles |
| ACRES COLLATERAL MANAGER, LLC | Other investment adviser, including financial planners |
| ACRES DEVELOPMENT MANAGEMENT, LLC | Real estate broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| ACRES MORTGAGE FUND, LTD. | Real Estate Fund | $1,301.4M | $0.1M | 176 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| FOGEL, MARK, STEVEN | Individual | – | PRESIDENT & CEO, MANAGING MEMBER | 05/2012 | < 5% |
| JESBERGER, JACLYN, ALYCE | Individual | – | GENERAL COUNSEL & CCO | 06/2015 | < 5% |
| REASONER, MARTIN, ERNEST | Individual | – | MANAGING DIRECTOR | 01/2013 | < 5% |
| FENTRESS, ANDREW, DODD | Individual | – | MANAGING PARTNER | 01/2017 | < 5% |
| HAYES, GREGORY | Individual | – | MANAGING DIRECTOR | 09/2017 | < 5% |
| ACRES CAPITAL CORP. | Domestic Entity | – | MEMBER | 06/2018 | > 75% |
| Persaud, Richard, Anthony | Individual | – | CHIEF FINANCIAL OFFICER | 06/2020 | < 5% |
| PIERRO, MICHAEL, ANTHONY | Individual | – | SENIOR VICE PRESIDENT | 04/2021 | < 5% |